Johnson & Johnson (JNJ) Tops Q1 EPS by 6c; Guides Slightly Higher

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Johnson & Johnson Reports 2017 First-Quarter Results:

April 18, 2017 6:40 AM EDT

NEW BRUNSWICK, N.J., April 18, 2017 /PRNewswire/ -- Johnson & Johnson (NYSE: JNJ) today announced sales of $17.8 billion for the first quarter of 2017, an increase of 1.6% as compared to the first quarter of 2016. Operational sales results increased 2.0% and the negative impact of currency was 0.4%. Domestic sales increased 0.6%. International sales increased 2.8%, reflecting operational growth of 3.6% and a negative currency impact of 0.8%. Excluding the net impact of acquisitions and divestitures, on an operational basis, worldwide sales increased 1.2%, domestic sales decreased 0.7% and international sales increased 3.4%.*  

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